The average consumer in the Pomona, CA area will likely have several forms of insurance, which can include coverage for their car, home, medical insurance needs, and even their small business. Another important form of insurance that all people should have is life insurance. When you are shopping for life insurance for coverage for your dependents, you will find that there are a lot of options to consider. The two main types of insurance to consider are whole and term life insurance coverage. 

Term Life Insurance

One very common form of life insurance for consumers today is term life insurance. With a term life insurance policy, you will get coverage for a certain period of time, which is typically between 10 and 30 years. The amount you spend for coverage each month is normally much more affordable than other life insurance options. However, once the term is over, you will lose coverage. Additionally, all premiums are lost and it does not provide any investment benefits.

Whole Life Insurance

People in the Pomona, CA area that are looking for life insurance should also consider whole life insurance. When you get a whole life policy, you will also be able to use it as a conservative investment option. These policies have premium payments that will partially be deposited into an account that appreciates in value over time, which can also be later liquidated.

Choosing the right life insurance policy for your situation is very important. When you are shopping for your next life insurance option, you should contact the team at THINK Insurance & Financial Services. The insurance professionals at THINK Insurance & Financial Services can help you to decipher your options to help you figure out what type of life insurance is right for your situation. 

When driving, it is natural to assume you’d be protected financially if an accident occurs. Even if you have the minimum insurance coverage required by state law, that doesn’t necessarily mean you’re fully protected if injured by another driver during an accident. If the driver is uninsured, you may find yourself responsible for hefty medical bills. THINK Insurance & Financial Services in Pomona, CA suggests that drivers consider any additional uninsured motorist coverage.

Uninsured motorist coverage is typically broken down into two parts: bodily injury and property damage. With the former, the insurance policy covers injuries caused by an uninsured driver during an accident. The policy will also include injuries related to accidents from a hit-and-run driver. For uninsured motorist property damage, the plan offers payment for damages done to your vehicle and other forms of personal property.

One of the main reasons drivers don’t choose to add uninsured motorist coverage to their policies is because they question why they should be responsible for another person not having insurance. Although in a perfect world this should be the case, you still run the risk of being involved in an accident with an uninsured driver. National estimates indicate that approximately 13 percent of all drivers on the road don’t have automobile insurance.

A major benefit of uninsured motorist coverage is that you won’t have to enter into a long legal battle with the other driver. Although you can sue an individual for medical costs and property damage fees, the process is drawn out and costly. Also, even if you have health insurance coverage, you will need to pay any deductibles and co-payments out-of-pocket. Also, your insurance company may want to enter a claim against the driver responsible for the accident.

Looking to learn more about your automobile insurance options? Contact THINK Insurance & Financial Services, an agency serving Pomona, CA drivers to find out how we can help match you with the right policy for your specific needs.

Life insurance is one of those things that is not one size fits all. Many things go into the decision about how much life insurance you should carry. If you live in or near Pomona, CA, THINK Insurance & Financial Services should be your first stop to talk about your life insurance coverage. We have agents with years of experience who know exactly the right questions to ask. 

Where are you in life

One of the first things you need to consider when it comes to life insurance is your age and your dependents. Who do you support? Who counts on your earnings? If you are young or single and no one counts on your income, you will need less life insurance than someone who has a family. Your family can take several forms, it can be a spouse, children or elderly parents. It could be a special needs sibling. You want to be able to guarantee that if you are not there to provide for the people who count on you, they will be taken care of. 

What you owe

Having considered who depends on you, you also need to consider any debt that you may have. Do you have a mortgage or credit card debt? Have you made arrangements for final expenses? The total for these needs to be added to the amount to keep your dependents covered. Now you have the basic amount of life insurance you need. While this is not a hard and fast rule. it is a place to start. 

Once you have decided that you need to add to your life insurance coverage or purchase your first insurance policy, the next step is to give THINK Insurance & Financial Services in Pomona, CA a call or stop by our office to discuss your options. 

Commercial insurance is a type of insurance which protects businesses, the owners and even the employees. Just like with other types of insurance, different types of businesses will need different things from their insurance. Here are a few ways in which commercial insurance generally covers businesses.

In most cases, a business owner can opt for a Business Owner’s Policy. This type of insurance will often combine insurance protection for your commercial property, some type of liability insurance and even insurance which will protect you in the event that a crime takes place at your business. A representative at THINK Insurance & Financial Services can help you customize a package that is exactly right for your company’s needs.

 Why Is Commercial Insurance Important?

Commercial Insurance is important because you have invested quite a bit of time and money into starting and maintaining your business. Allowing the company to be at risk through damages, injuries and even criminal activity also put your financial security at risk as well.

There are many things which we cannot plan for, which is why commercial insurance is a good idea. You can rest assured that your investment is protected against the unknowns.

What is The Right Coverage?

The right coverage for your company may look different from the right coverage for another company. Your coverage amounts will be determined by details such as the size of your company and property, the number of employees you have, the types of services or products you provide as well as many other factors.  Other things to consider are whether or not you rent your property or own it as well as whether or not your business operates vehicles as part of daily work.

Navigating insurance choices can feel tough. That is why THINK Insurance & Financial Services serving Pomona, CA is here to help. Give us a call today to talk about your insurance options.

Living in Pomona, CA can be a beautiful thing if you have high-quality health insurance protecting you and your family. Please read through the information prepared below to learn more about how we at THINK Insurance & Financial Services can help get you the coverage that you need.

Health Insurance Keeps You Safe

Even if you don’t have a job that provides your family with coverage, you need to find health insurance ASAP. Many policies are designed specifically for families to ensure maximum protection for everyone.

These policies typically utilize specific coverage options that manage health problems that are particular to families. These include elements like maternity leave and daycare options for when you’re at work.

Factors to Consider

Before you buy any health insurance policy for your family, you need to consider the following elements, such as:

• Cost – Make sure you don’t pay too much for your plan.
• Coverage Limits – Try to find policies that coverage elements like daycare and child health.
• Payment Types – Do you want an area-specific plan or one that provides more coverage?
• Stackability – Can you add other policies to your insurance plan, such as car coverage?
• Primary Liability – Protect your family from lawsuits with liability help.

These simple considerations will provide you and your family with guidance towards finding an excellent policy. Remember: paying more for a plan doesn’t always mean that you’re getting the best coverage.

Get Some Help Today

So if you live in Pomona, CA and you want health insurance that will protect your family, please contact us at THINK Insurance & Financial Services right away to learn more. We will take the time to help you learn more about these elements and will do what is necessary to help you succeed.

It is important for condo owners to obtain the right coverage in the Pomona, CA area through an agency like THINK Insurance & Financial Services. However, condo insurance is unique and has some differences from other types of property coverage like homeowners insurance or renter’s insurance. 

As a general rule condo insurance will cover personal property within the dwelling and the structure itself from things like vandalism, theft, or severe weather. However, condo insurance may also cover certain pieces of property that are technically owned by an association rather than the individual owner. There are also times when a condo association can expect an owner to bear the burden of certain costs or increases in fees that can be covered by condo insurance. This is very helpful as a way of helping the condo owner maintain their finances and avoid sudden and unexpected expenses from an association. It is important to check with your association to see if they have some kind of blanket policy that will common things like common areas, elevators, stairwells, shared entrances, etc. that are not clearly the responsibility of one owner. This may be explained in your association’s bylaws. 

Like homeowners insurance, condo insurance can also protect the owner from lawsuits tied to events that happen on or near the property, as well as relocation expenses if the unit needs to be temporarily evacuated during a disaster. 

To speak to a local agent that serves that Pomona, CA area, contact THINK Insurance & Financial Services. They can discuss specific policies and help you get the right type of coverage based on your condo. 

California is a beautiful state to call home, especially the area around Pomona, CA. Living in California comes with a potential risk of natural disasters that can damage a home in its entirety. For California residents that are renting homes, this can be very devastating, as the homeowner insurance policy held by the owner will not protect the contents that belong to the renting family. THINK Insurance & Financial Services are prepared to protect your personal property today.

Natural Disaster Damage

• Wildfire damage
• Hail Damage
• Wind Damage

Several types of natural disasters such are covered with a renters insurance policy. With part of California being home to a Desert and susceptible to droughts, wildfires are common throughout the state. In the event that you experience wildfire damage or hail and wind damage,  to the home you are renting, you can expect to have destroyed personal property. Whether it is from the smoke or the property actually burned, you will need to replace your belongings. The landlord will be able to repair the structural damage and any appliances that are a part of your lease. 

Relocation Coverage 

While your leased home is being renovated due to the damages it sustained to natural disaster, your renter’s insurance can cover your relocation expenses if you need to rent out a room for several days. Since you have been displaced at no fault of your own, the costs associated with your relocation can be covered with your insurance policy.

Protect Your Personal Property Today

If you are a resident living in or around the Pomona, CA area, it is time to speak with an agent at THINK Insurance & Financial Services. Come by the office or give us a call for more information.